Nokia rumored to be eyeing Palm buy yet again
Filed under: Nokia, Palm, webOS
We’ve been around this rumor pretty much since Palm started looking competitive again, so take it for what you will — but a bunch of fat cats down on Wall Street have been going ape today over renewed “chatter” that Nokia might be taking an interest in acquiring Palm. Palm’s share prices are up well over 5 percent on the day, though we wouldn’t be the least bit surprised if there was some behind-the-scenes manipulation going on here — an acquisition would make less sense now than ever with suitors on the hook for $2 billion or more, a hefty sum even for a giant like Nokia, never mind the fact that they’ve still got two smartphone platforms of their own in the mix. Licensing webOS is being floated as a possible alternative to an outright Palm purchase — but we’re having such an exceedingly difficult time picturing a 5800 running webOS that we’ll put this one on ice until we get the joint press release.
Nokia rumored to be eyeing Palm buy yet again originally appeared on Engadget Mobile on Fri, 13 Nov 2009 16:28:00 EST. Please see our terms for use of feeds.
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